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The Houthi rebel attacks in the Red Sea on commercial vessels beginning in November 2023 quickly upset the world’s ocean lanes, particularly for container shipping. Carriers and shippers alike looked to their conditions of carriage and related contracts to determine...
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Baby’s Day Out!!! You may have heard about Ukraine’s “Sea Baby”. In the current war between Ukraine and Russia, Ukraine’s use of sea drones, charmingly called “sea baby,” have wracked havoc on Russia’s naval assets and infrastructure. Such notoriety has made...
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As part of its ongoing commitment to transparency, and continuing its thought leadership in this area, the LCIA has published the third batch of challenge decisions comprising an additional 24 LCIA and UNCITRAL arbitration challenge decisions decided by the LCIA...
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As we know, more than 80% of global trade is moved by sea.. In the course of regular trade, ships can face disputes related to collisions, salvage, towing, pollution, cargo claims, passengers, charters, and insurance.. A dispute may usually be...
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A shipbroker’s failure to identify conflicting laycan clauses in a voyage charterparty led to a complex dispute and a US$100,000 claim, which International Transport Intermediaries Club (ITIC) has reimbursed. The case highlighted in ITIC’s recent Claims Review shows the importance...
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Arbitration UNCITRAL Model Law Is the arbitration law based on the UNCITRAL Model Law? The Law of Ukraine ‘On International Commercial Arbitration’ is based on the UNCITRAL Model Law of 1985. Arbitration agreements What are the formal requirements for an...
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As we concluded in our last briefing on this topic in June 2024, ongoing geopolitical situations in the Red Sea and elsewhere continue to create conditions of material uncertainty for shippers and carriers alike. However, worldwide volume has somewhat stabilised and...
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MS Amlin Marine NV on behalf of MS Amlin Syndicate AML/2001 -v- King Trader Ltd & others (Solomon Trader) [2024] EWHC 1813 (Comm) In a dispute over whether third parties were prevented by a “pay to be paid” clause from bringing a...
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DMC/SandT/24/14 England Stournaras Stylianos Monoprosopi EPE v Maersk A/S (The “Maersk Klaipeda”) English Commercial Court: Lionel Persey KC (sitting as a Judge of the High Court): [2024] EWHC 2494 (Comm): 7 October 2024 Alexander Wright KC and Tom Nixon (instructed...
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The widely used memorandum of agreement or ‘MOA’ for the sale of ships on BIMCO’s Norwegian Saleform (2012 version) (“NSF 2012”) provides that the buyer may cancel the MOA and recover its deposit if the seller fails to tender notice...
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